(vasep.com.vn) In first three
Compared to the same period of 2010, Baseafood reported a drop of 20 percent in export volume; however, its value increased considerably because the company sold seafood products at high price and kept high proportion of value added products in the export structure.
Currently, Baseafood is shipping seafood products to 40 countries in Europe, Asia and American. As it focused on processing value added products and find raw material supplies from outside the country, Baseafood could complete orders in time and gain more export revenue.
According to Mr. Dung, the majority of the company’s importers are interested in value added products including ready-to-eat products, frozen seafood and dried seafood like mixed seafood, frozen whole squid, octopus, dried bream, surimi, cuttle fish sashimi…
Since 2005, Baseafood has focused on distributing its products in the local market by pushing the proportion of domestic products in production structure from 2 percent to 22 percent. Baseafood processed and controlls its products based on international standards such as ISO standards, HACCP, Europe CODE, and others standards required by Japan and South Korea. Therefore, Baseafood products was popular with Vietnam consumers, bringing to the company a revenue of VND70 billion. “Strategy of Baseafood is to enhance consumption in both local and foreign markets in a view to set the percentage of domestic and export products at 30 percent and 70 percent, respectively,” said Nguyen Cong Huyen, Vice Director of Baseafood.
In recents years, global financial recession has had large impact onprocessing and trading operation of Baseafood. All its strategic markets were reducing orders, including Russia – the largest partner accounting for 35 percent of its revenue. In addition, all production costs like raw material, fuel, electricity, water were soaring up. Moreover, crucial competition in purchasing raw materials put the company into trouble. In such situation, Baseafood tried to overcome difficulties, keeping the company’s reputation with the motto “Professional – Dynamic – Developed Company”. Baseafood prioritize to expand domestic and foreign markets, as well as investing in new technologies for processing, satisfying requirements of customers.
Besides, the company also paid attention to improving living conditions for its staffs and workers by repairing 10 – 30 houses for poor workers, organizing trips and tours in holidays, particularly providing VND1.8 billion of loans to poor workers to help them out of poverty. Baseafood became one of 10 leading enterprises in Ba Ria – Vung Tau province and was awarded by the local People’s Committee on 13 October 2011.
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(seafood.vasep.com.vn) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.
(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
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